Housing OMB Proposes Standards on Building Materials Made in America The Office of Management and Budget (OMB) has proposed new standards to determine if construction…NAHBFebruary 10, 2023
Housing Housing Affordability Hits Record Low but Turning Point Lies Ahead Mirroring a steep rise in mortgage rates that began in the early part of 2022…NAHBFebruary 9, 2023
Housing Growth of Revolving Debt Slows, Auto Loan Rates Spike in Q4 2022 The balance of consumer credit outstanding grew 6.5% in the fourth quarter of 2022 (seasonal…NAHBFebruary 8, 2023
Housing Mortgage Activity Increases after Dip in Rates Per the Mortgage Bankers Association’s (MBA) survey through the week ending February 3rd, total mortgage…NAHBFebruary 8, 2023
Housing A New Year Starts with Strong Gains Job growth rebounded in January. After declines for five consecutive months, total nonfarm payroll employment…NAHBFebruary 3, 2023
Housing Further Downshift for the Fed Further downshifting its pace of tightening of monetary policy, the Federal Reserve’s monetary policy committee…NAHBFebruary 1, 2023
Housing Uptick for Construction Job Openings in December The count of open, unfilled jobs for the overall economy increased in December, rising to…NAHBFebruary 1, 2023
Housing December Private Residential Spending Dips Private residential construction spending declined 0.3% in December 2022, as spending on single-family construction dropped…NAHBFebruary 1, 2023
Housing Unaffordable Prices Are Back on Top as Most Common Reason Buyers Can’t Make Purchase An earlier post revealed that 65% of buyers who were actively engaged in the process…NAHBFebruary 1, 2023
Housing Housing Affordability Goes South Buyers’ outlook for housing affordability took a sharp negative turn in the final quarter of…NAHBJanuary 30, 2023